Economics · International Trade Theories
Match List X with List Y regarding international trade theories: List X (a) Zero-sum game (b) Labour-Capital relationship (c) Relative efficiencies of producing countries (d) Positive-sum game List Y (i) Factor Proportion Theory (ii) Mercantilism Theory (iii) Theory of Absolute Advantage (iv) Theory of Comparative Advantage
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(a)-(iii), (b)-(iv), (c)-(i), (d)-(ii)
- 2(a)-(ii), (b)-(iii), (c)-(iv), (d)-(i)
- 3(a)-(ii), (b)-(i), (c)-(iv), (d)-(iii)✓
- 4(a)-(iv), (b)-(i), (c)-(ii), (d)-(iii)
Correct answer
(a)-(ii), (b)-(i), (c)-(iv), (d)-(iii)
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